[Budget] Creatives DAO Budget - August 2021

For the month of August 2021, we wanted to share an overview of the Creative’s DAO budget with the creative community so that we as the council (@mecsbecs and I) can be held accountable.

Also, this serves to update the community on what else we are planning on funding as support and incentives for our Creative Guild Leaders

Please also review and respond to our Creatives DAO’s OKRs for Q3 (July - September 2021), for which this budget was designed to support.

Budget:

1: Guilds/DAOs Monthly Funding - max. 2,000 N x current 9-12 active groups

  • including the proposed Facilitator & Council Member Bounties - for which 600 N out of the maximum 2,000 N that can be requested monthly can have allocated toward

2: tipBot Budget - 100 N [50 N per council member]

Estimated total = 23,108 - 27,108 N
Current reserves = 6332.01 N

Overall estimated payout request based expected Guild activity in August = 20,000 N

July Budget:

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Good morning, Dear Chloe, may I have the list of groups? Thank You and have a great day!

Most are listed here:

At the end of the month, it will be more clear exactly which guilds got funding.

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Elaborating on Budget 1. here is the current list of active Creative Guilds and DAOs who have been funded by the Creatives DAO this month so far:


Pending Budget Proposals and expected payouts:


In addition to the tipBot budget (100 N), in August the Creatives DAO also commissioned a audio-visual NFT for our Creative Guild Leadrs: [APPROVED] Create an Audio Visual NFT - Creative Guild - August - 2021 - #8 by Renderedflesh which cost 100 N

Lastly, for the Creatives Community Forum event, 35 N was spent on promotional design work: [PROPOSAL + REPORT] Creatives Community Forum event (not this forum, another one...) - #5 by mecsbecs


Creatives DAO UPDATED ESTIMATED TOTAL for August = 25,000 N

Paid out already by the CommunitySquad DAO = 20,000 N

Expected reserves = 10,000 N

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